Industry insiders challenge Voorhees ‘cryptocurrency over democracy’ stance

A recent keynote address by American entrepreneur and early Bitcoin adopter Erik Voorhees has ignited a debate regarding the intersection of democracy and cryptocurrency adoption. However, according to senior staff software engineer at Coinbase, Yuga Cohler, while engaging, Voorhees’ speech presents an overly simplistic and potentially damaging viewpoint that may impede rather than encourage the The post Industry insiders challenge Voorhees ‘cryptocurrency over democracy’ stance appeared first on CryptoSlate.

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Op-ed: Humanity will use AI to destroy itself long before AI is sentient enough to rebel against it

As artificial intelligence rapidly advances, legacy media rolls out the warnings of an existential threat of a robotic uprising or singularity event. However, the truth is that humanity is more likely to destroy the world through the misuse of AI technology long before AI becomes advanced enough to turn against us. Today, AI remains narrow, The post Op-ed: Humanity will use AI to destroy itself long before AI is sentient enough to rebel against it appeared first on CryptoSlate.

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Celsius to purchase $45M Core Scientific mining facility as part of bankruptcy settlement

Celsius has filed a motion in its bankruptcy case to resolve ongoing litigation and disputed contracts and claims, seeking court approval of a settlement agreement and purchase agreement with Core Scientific. The information was revealed in a new filing detailed in the Celsius bankruptcy hearing, outlining the mutual agreement to settle most of their respective The post Celsius to purchase $45M Core Scientific mining facility as part of bankruptcy settlement appeared first on CryptoSlate.

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AI tool 86% accurate in predicting judge verdicts without evidence, only bias in past judgments

According to Axios, Pre/Dicta, an AI-powered database, is reshaping the traditional dynamics of civil litigation by predicting judges’ decisions, thereby assisting lawyers and plaintiffs in efficiently investing their resources. Launched in 2022, Pre/Dicta uses around 120 data points to identify patterns and potential biases in a judge’s past decisions. These data points range from the The post AI tool 86% accurate in predicting judge verdicts without evidence, only bias in past judgments appeared first on CryptoSlate.

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F2Pool returns 19 BTC to Paxos after overpayment of over $500k

A recent erroneous Bitcoin transaction that led to an inflated transaction fee of $510,000, nearly 480,000 times the average network fee of $2.176, traced back to Paxos, has been returned. The company acknowledged its mistake, attributing the inflated fee to a bug in a single transfer that has now been rectified by F2Pool, the miner The post F2Pool returns 19 BTC to Paxos after overpayment of over $500k appeared first on CryptoSlate.

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